| Schedule of Other Financial Information Regarding The Company’s Operating Segment |
|
Other segment items within net loss
include interest income, interest expense and loss on change in fair value of related party loan. See the consolidated financial statements
for other financial information regarding the Company’s operating segment.
| | |
Year
Ended
December 31, | |
| | |
2024 | | |
2023 | |
| Government
grant revenue | |
$ | 100 | | |
$ | 45 | |
| Operating
expenses: | |
| | | |
| | |
| Research
personnel compensation costs, including stock-based compensation | |
| 1,350 | | |
| 1,641 | |
| CRO
and regulatory costs | |
| 36 | | |
| 186 | |
| Administrative
personnel compensation costs, including stock-based compensation | |
| 1,592 | | |
| 1,434 | |
| Rent
and office costs | |
| 279 | | |
| 365 | |
| Legal
and accounting costs | |
| 1,223 | | |
| 2,287 | |
| Other
expenses(1) | |
| 120 | | |
| 202 | |
| Total
segment expenses | |
| 4,600 | | |
| 6,115 | |
| Loss
from operations | |
| (4,500 | ) | |
| (6,070 | ) |
| Other
income (expenses) | |
| | | |
| | |
| Loss
on change in the fair value of related party Tasly convertible debt | |
| (311 | ) | |
| (22 | ) |
| Interest expense (including related parties amounts of $2,400 and $2,530 for the year ended December 31, 2024 and 2023, respectively) | |
| (4,424 | ) | |
| (4,283 | ) |
| Other
income | |
| 5 | | |
| 94 | |
| Total
other expense, net | |
| (4,730 | ) | |
| (4,211 | ) |
| Net
loss and comprehensive loss | |
$ | (9,230 | ) | |
$ | (10,281 | ) |
|
| Schedule of Consolidated Condensed Financial Statements |
See the consolidated condensed financial statements for other financial information regarding the
Company’s operating segment.
| | |
Three
Months Ended
September 30, | |
| | |
2025 | | |
2024 | |
| Government
grant revenue | |
$ | - | | |
$ | 75 | |
| Operating
expenses: | |
| | | |
| | |
| Research
personnel compensation costs, including stock-based compensation | |
| 287 | | |
| 380 | |
| CRO
and regulatory costs | |
| 315 | | |
| - | |
| Administrative
personnel compensation costs, including stock-based compensation | |
| 4,125 | | |
| 302 | |
| Rent
and office costs | |
| 97 | | |
| 34 | |
| Legal
and accounting costs | |
| 976 | | |
| 426 | |
| Transaction
costs | |
| 15,060 | | |
| - | |
| | |
| | | |
| | |
| Other
expenses(1) | |
| 848 | | |
| 36 | |
| Total
segment expenses | |
| 21,708 | | |
| 1,178 | |
| Loss
from operations | |
| (21,708 | ) | |
| (1,103 | ) |
| Other
income (expense) | |
| - | | |
| - | |
| Gain
(loss) on change in the fair value of related party convertible debt | |
| 258 | | |
| (319 | ) |
| Gain
on change in the fair value of warrant liabilities | |
| 884 | | |
| - | |
| Loss
on change in the fair value of digital assets | |
| (28 | ) | |
| - | |
| Interest
expense | |
| (169 | ) | |
| (1,073 | ) |
| Financing
costs | |
| (1.443 | ) | |
| - | |
| Other
income (loss) | |
| 15 | | |
| (1 | ) |
| Total
other expense, net | |
| (484 | ) | |
| (1,394 | ) |
| Net
loss and comprehensive loss | |
| (22,192 | ) | |
| (2,497 | ) |
| (1) | Other expenses includes small balances of research materials and supplies along with insurance costs and other third party service providers. |
| | |
Nine
Months Ended
September 30, | |
| | |
2025 | | |
2024 | |
| Government
grant revenue | |
$ | - | | |
$ | 100 | |
| Operating
expenses: | |
| | | |
| | |
| Research
personnel compensation costs, including stock-based compensation | |
| 945 | | |
| 1,198 | |
| CRO
and regulatory costs | |
| 315 | | |
| 15 | |
| Administrative
personnel compensation costs, including stock-based compensation | |
| 4,861 | | |
| 1,014 | |
| Rent
and office costs | |
| 415 | | |
| 196 | |
| Legal
and accounting costs | |
| 1,625 | | |
| 1,018 | |
| Transaction
costs | |
| 15,060 | | |
| - | |
| | |
| | | |
| | |
| Other
expenses(1) | |
| 915 | | |
| 77 | |
| Total
segment expenses | |
| 24,136 | | |
| 3,518 | |
| Loss
from operations | |
| (24,136 | ) | |
| (3,418 | ) |
| Other
income (expense) | |
| | | |
| | |
| (Loss)
on change in the fair value of related party convertible debt | |
| (52 | ) | |
| (427 | ) |
| Gain
on change in the fair value of warrant liabilities | |
| 884 | | |
| - | |
| Loss
on change in the fair value of digital assets | |
| (28 | ) | |
| - | |
| Interest
expense | |
| (2,496 | ) | |
| (3,138 | ) |
| Financing
costs | |
| (1,443 | ) | |
| - | |
| Other
income | |
| 15 | | |
| 5 | |
| Total
other expense, net | |
| (3,210 | ) | |
| (3,560 | ) |
| Net
loss and comprehensive loss | |
| (27,256 | ) | |
| (6,978 | ) |
|
|